The Embassy of Federal Republic of Brazil, the Embassy of Republic of Angola, Brazilian Trade and Investment Promotion Agency Apex-Brasil, Polish – Portuguese Chamber of Commerce (PPCC) and Polish Information and Foreign Investment Agency (PAIiIZ) have the pleasure to invite you for the conference “Investment and Trade in Portuguese-speaking countries”, that will take place on the 24th November 2011, 9:00 am at the PAIiIZ office, ul.Bagatela 12 in Warsaw. The conference aims to describe the economic situation and investment climate in Brazil and Angola.
The key speakers of the event will be His Excellency Ambassador of Federal Republic of Brazil, Mr. Carlos Alberto Simas Magalhaes, His Excellency Ambassador of Republic of Angola, Mr. Domingos Culolo, Vice-President of PAIiIZ, Mr. Marek Łyżwa, Mr. Piotr Kulka, Manager for Eastern Europe of Apex-Brasil, Mr. Tiago Costa, Secretary-General of the PPCC.
RSVP: Małgorzata Kuranowska
e-mail: gosia@ppcc.pl
Tel: +48 22 322 7667
HIGHLIGHTS ABOUT BRAZIL & ANGOLA
With the 8th highest GDP in the world growing at 7,5% from 2009 to 2010 Brazil has emerged as one of the main global economies. With almost 200 milion inhabitants and rich natural resources Brazil is a reference in production of biofuels, world’s sixth largest manufacturer of automobiles and third of aircrafts and leading exporter of iron, coffee, soy bean, beef, juice and sugar. With a political and economical stability reflected in a steady inflation of 5% in the last 5 years Brazil will host such global events as the 2014 World Cup and the 2016 Olympic Games. The country is a member state of the BRICS and as the biggest country in the region is also a gateway to MERCOSUR. Being the world’s eight largest consumer market with an uprising middle class Brazil aspirations for the next decades are set up really high.
On the other had, Angola is one of the fastest growing economies in the world. It has estimated reserves of 10 billion barrels of oil, and is the fourth largest producer of diamonds in the world; has million hectares of arable land; many valuable minerals and one of Africa’s largest water reserves. This country was once the world’s fourth largest coffee producer, a major iron ore producer and an exporter off high-quality marble, food and sisal. Angola is experiencing an unprecedented economic boom. In May 2008, the Organization of Petroleum Exporting countries (OPEC) confirmed Angola’s oil production at 1.9 million barrels per day. The growth in this industry has had substantial spillover effects, spurring investment in the financial services, construction, and agriculture sectors. According to the International Monetary Fund (IMF), Angola’s GDP grew by over 20% in 2007 making it Africa’s fastest growing economy and the fourth fastest in the world. In 2011, the IMF predicts of real growth in the economy of 7,5%.
New businesses are registering everyday, fostered by an environment of peace and stability in the country and a new private investment law, that has expanded incentives for investors.